Monthly Archives: January 2015

After many years of a long sabbatical leave, I am slowly back on my blog. First, the TARELV supercharged digital currency as a Bitcoins alternative that may bring FARJHO back to into action.

Within the past few years since 2006 I have been working on the new concept and the business method to quantify and create a tradable liquid market for home equity. For those who remembers that product is called FARJHO (Flexible And Reversible Joint Home Ownership). Basically we were trying to build a stock exchange for every single house and condo with each home being a stock that minority shareholders could trade in and out like they would buy and sell Google’s or Facebook’s shares on the stock exchange. Some of my previous work, which is on hold now, could be seen at http://farjho.com, http://wehomeowners.com or http://investorsally.com.

Following that new capability to extract the liquidity out of home equity, academically, I have also followed up to develop a concept and business method in 2009 to create a real estate value backed currency exchange rate pegging system called TARELV (Total Aggregate Real Estate and Land Value). Some of the previous research and blogs could be seen at http://tarelv.com.

TARELV was designed not as a new currency but rather a new foreign exchange backing or pegging system to provide fiat currencies a new life by backing each country’s currency through the value of their real estate via the FARJHO solution.

The problem with Bitcoin is that no matter what advantages they may provide in payment efficiency, it is in itself still a fiat currency with no real value to back it up.

That is where FARJHO and hence TARELV could help. Imagine a new block chain technology backed digital currency (say t-coin for now) that was mined and created since day one by an equivalent amount of partial home equity extracted via a FARJHO contract? Hence this new t-coin will always have a minimum floor value of that original partial home equity amount and could be exchanged back (convertible) into the home equity any time. This could be done in any country in due course so that means t-coins could be mined and created in many parts of the world and utilized universally.

These new real asset backed digital currencies will therefore have both the advantages of the block chain technology that Bitcoin has and the real value backing that the current fiat currencies in circulation do not have. There is a very simple way that we could mine these new types of asset backed digital currency and make it work through FARJHO.